Sui Network makes strategic investment in DePIN project Karrier One

Sui Network announced a strategic investment in the DePIN project Karrier One. The specific investment amount has not been disclosed yet. In addition, the two parties have also reached a strategic partnership. Karrier One will use this latest funding to expand its decentralized physical infrastructure (DePIN) technology. The technology integration between the two parties will also include DePIN services supported by the Sui blockchain and the launch of Karrier One's decentralized wireless (DeWi) network token on the Sui blockchain, which will use interchangeable tokens and NFTs to access and use a variety of practical programs to expand the Karrier ecosystem.